SJW

San Jose Water Customers Receive State Funding to Ease COVID-Related Financial Hardship

Retrieved on: 
星期一, 六月 10, 2024
Public Policy, Government, State, Local, Health, Other Energy, Utilities, COVID-19, Energy, SJW Group, SJW, ARPA, Wastewater, COVID, Community service

On May 13, San Jose Water received $9.1 million in arrearage relief for customers within its service area.

Key Points: 
  • On May 13, San Jose Water received $9.1 million in arrearage relief for customers within its service area.
  • We are pleased to be able to help those in need,” said Tanya Moniz-Witten, President of San Jose Water.
  • “We greatly appreciate the combined efforts of the California Legislature and the State Water Resources Control Board to help alleviate this financial burden for our customers.
  • For customers with past due balances, San Jose Water now offers convenient payment plans through PromisePay.

SJW Group Announces First Quarter 2024 Financial Results

Retrieved on: 
星期五, 四月 26, 2024
Utilities, Energy, CWC, Water, Webcast, Human, Culture, Cost of capital, GRC, WCCM, MWC, SIC, Drinking water, TWC, AMI, PUCT, Ombudsman, WCMA, Workforce, Water supply, Calendar, PFAS, COC, PURA, System, Insurance, Public expenditure, Letter, USA Today, SJW, EPS, Social, Weather, Depreciation, Security (finance), CPUC, Workplace, Public utilities commission, Growth, Interest

SJW Group (NYSE: SJW) today reported financial results for the first quarter ended March 31, 2024.

Key Points: 
  • SJW Group (NYSE: SJW) today reported financial results for the first quarter ended March 31, 2024.
  • Diluted EPS for the quarter ended March 31, 2024 was $0.36, or a 3% decrease compared to $0.37 in the same quarter last year.
  • Operating expenses for the quarter ended March 31, 2024 were $121.5 million, up 8% compared to $112.1 million for the same quarter last year.
  • In the first quarter of 2024, SJW Group invested $69 million in infrastructure and water supply.

Nazan Riahei Joins SJW Group as Vice President of Communications

Retrieved on: 
星期一, 四月 15, 2024
Utilities, Energy, University, Nazan, FGS Global, University School, FGS, Knowledge, SJW, Communication, Multimedia, SJW Group, Growth, Latham & Watkins, Management

SJW Group (NYSE: SJW) announces that Nazan Riahei has been named vice president of communications for SJW Group, effective April 15.

Key Points: 
  • SJW Group (NYSE: SJW) announces that Nazan Riahei has been named vice president of communications for SJW Group, effective April 15.
  • In this newly created role, Riahei will oversee internal and external communications at SJW Group and help position the company’s national platform for future growth.
  • View the full release here: https://www.businesswire.com/news/home/20240415898481/en/
    Nazan Riahei, Vice President of Communications for SJW Group (Photo: Business Wire)
    “Nazan has a demonstrated track record of success and has developed a strong working relationship with SJW Group leaders since her support with our transformational merger nearly five years ago,” stated SJW Group’s Chair, President and CEO Eric W. Thornburg.
  • Prior to Abernathy MacGregor, Riahei served as an adviser at Sard Verbinnen & Co. (now known as FGS Global) and Brunswick Group.

SJW Group Sets Date for Release of 2024 First Quarter Financial Results

Retrieved on: 
星期二, 四月 16, 2024
Energy, Utilities, Oil, Gas, SJW Group, Webcast, SJW, Interest

SJW Group (NYSE: SJW) expects to report its 2024 first quarter financial results after the market closes on Thursday, April 25, 2024.

Key Points: 
  • SJW Group (NYSE: SJW) expects to report its 2024 first quarter financial results after the market closes on Thursday, April 25, 2024.
  • Eric W. Thornburg, president, chief executive officer and board chair, and Andrew F. Walters, chief financial officer and treasurer, will review the results in a webcast presentation on Friday, April 26, 2024, at 11 a.m. pacific daylight time, 2:00 p.m. eastern daylight time.
  • An accompanying slide presentation will also be published to SJW Group’s investor website prior to the call.
  • An archive of the webcast will be available until July 24, 2024.

Tanya Moniz-Witten Joins San Jose Water as President

Retrieved on: 
星期一, 三月 4, 2024
Other Energy, Energy, SJW, University of Pennsylvania, Multimedia, National Grid, San Francisco Bay Area, Growth, Silicon, Environmental studies, PG&E, Public security, Safety, University, Business administration, Engineering, Organization, The Electric Company, University of California, SJW Group, Management

SJW Group (NYSE: SJW) announces today that Tanya Moniz-Witten will be joining the company on March 25, 2024, as president of San Jose Water (SJW).

Key Points: 
  • SJW Group (NYSE: SJW) announces today that Tanya Moniz-Witten will be joining the company on March 25, 2024, as president of San Jose Water (SJW).
  • Tanya will be responsible for leading the regulated utility business in San Jose, driving strategy, financial performance, growth and establishing and maintaining excellent regulatory and customer relationships.
  • “We are extremely excited that Tanya has chosen to serve as President of San Jose Water!
  • Tanya is an exceptionally talented servant leader with over 20 years of utility experience in large, complex organizations.

SJW Group Announces 2023 Financial Results

Retrieved on: 
星期四, 二月 22, 2024
Utilities, Energy, Water supply, PUCT, WCMA, Weather, GRC, Interest, Growth, Sale, Ombudsman, Cost of capital, Webcast, PFAS, Tax, Workforce, File, MWC, PURA, Groundwater, CWC, Security (finance), EPS, SIC, Newsweek, Water, Depreciation, WCCM, Index, Public expenditure, CPUC, COC, SJW Group, Insurance, Acquisition, SJW, TWC, Social, Public utilities commission, Elmridge, Drinking water, Saco River

SJW Group (NYSE: SJW) today reported financial results for 2023.

Key Points: 
  • SJW Group (NYSE: SJW) today reported financial results for 2023.
  • “With a strong fourth quarter, our 2023 financial results and operating performance exceeded expectations and the initial earnings per share guidance we set for SJW Group at this time last year,” stated SJW Group Chair, CEO, and President, Eric W. Thornburg.
  • In 2023 SJW Group invested $272 million in infrastructure and water supply, which exceeded our 2023 capital expenditures guidance of $255 million.
  • When considering the company's 2024 guidance relative to actual results in 2023, it is important to note that the company's adjustment to income tax reserves in 2023 resulted in an increase of $0.14 per diluted share.

San Jose Water Selects InvoiceCloud as Strategic Payment Technology Provider

Retrieved on: 
星期二, 二月 20, 2024
Other Professional Services, Security, Data Management, Energy, Technology, Finance, Fintech, Business, Professional Services, Electronic Commerce, Other Technology, Payments, Software, Other Energy, Internet, Utilities, PayPal, SJW, Multimedia, Silicon, Regulatory affairs, Government, Software as a service, CIS, SJW Group, Online shopping

San Jose Water (“SJW” or “the Company”), a wholly owned subsidiary of SJW Group (NYSE: SJW), has implemented InvoiceCloud , an EngageSmart solution for online bill payment services, as its strategic payment technology provider for its approximately 230,000 customer accounts in Silicon Valley.

Key Points: 
  • San Jose Water (“SJW” or “the Company”), a wholly owned subsidiary of SJW Group (NYSE: SJW), has implemented InvoiceCloud , an EngageSmart solution for online bill payment services, as its strategic payment technology provider for its approximately 230,000 customer accounts in Silicon Valley.
  • The Connecticut Water Company and The Maine Water Company signed with InvoiceCloud in April 2021; The Texas Water Company followed in July 2021.
  • San Jose Water signed in September 2023 after witnessing the benefits of digital adoption, self-service, and internal efficiencies that its counterparts experienced with InvoiceCloud.
  • With InvoiceCloud, San Jose Water now offers a variety of convenient payment options for its customers.

SJW Group Sets Date for Release of 2023 Financial Results and Announcement of 2024 Guidance

Retrieved on: 
星期一, 二月 12, 2024
Utilities, Energy, Interest, SJW, SJW Group, Webcast

SJW Group (NYSE: SJW) expects to report financial results for the fourth quarter and 2023 year end, and announce guidance, after the close of the market on Feb. 21, 2024.

Key Points: 
  • SJW Group (NYSE: SJW) expects to report financial results for the fourth quarter and 2023 year end, and announce guidance, after the close of the market on Feb. 21, 2024.
  • Eric W. Thornburg, president, chief executive officer and board chair, and Andrew F. Walters, chief financial officer and treasurer, will review the results in a webcast presentation at 11 a.m. (PT), 2:00 p.m. (ET) on Thursday, Feb. 22, 2024.
  • An accompanying slide presentation will also be published to SJW Group’s investor website prior to the call.
  • An archive of the webcast will be available until April 22, 2024.

SJW Group Announces Deferral of San Jose Water Company’s Cost of Capital Filing to May 1, 2025

Retrieved on: 
星期一, 二月 5, 2024
Utilities, Energy, COC, SJW Group, Joint, Letter, Water, SJW, CPUC, Public utilities commission, Executive, Movement

On December 15, 2023, the Joint Parties filed a request for a one-year postponement of their COC filings otherwise scheduled to be filed on May 1, 2024.

Key Points: 
  • On December 15, 2023, the Joint Parties filed a request for a one-year postponement of their COC filings otherwise scheduled to be filed on May 1, 2024.
  • Pursuant to the CPUC’s rate case plan, the Joint Parties are required to file their COC applications every three years.
  • Postponing the filing for one year alleviates administrative processing costs for both the Joint Parties and CPUC staff.
  • The deferral includes a provision that the Water Cost of Capital Mechanism remains in place for 2025 and allowing it to adjust up or down in accordance with the movement in the Moody’s Aa Utility Bond Index.

SJW Group Declares Dividend and Announces 2024 Dividend Increase

Retrieved on: 
星期四, 一月 25, 2024
Energy, Natural Resources, Utilities, Other Natural Resources, SJW Group, Environment, Chairperson, SJW, Holding company

The Board of Directors of SJW Group (NYSE: SJW) has declared a quarterly cash dividend of $0.40 per share payable on March 1, 2024, to all shareholders of record at the close of business on Feb. 5, 2024.

Key Points: 
  • The Board of Directors of SJW Group (NYSE: SJW) has declared a quarterly cash dividend of $0.40 per share payable on March 1, 2024, to all shareholders of record at the close of business on Feb. 5, 2024.
  • The March dividend will represent a 5.3% increase over the dividend paid in December 2023.
  • The 2024 annualized dividend will be $1.60 per share compared with $1.52 per share in 2023.
  • “Today’s action by our board to increase the annual dividend demonstrates its continuing confidence in SJW Group’s mission and employees,” said President, Chief Executive Officer and Chair of the Board Eric W. Thornburg.